EUR RallyingEUR is pushing firmly higher on the back of the June ECB meeting yesterday. The single currency spiked in response to a decidedly hawkish meeting from the bank. Yesterday I outlined that...
JPY Falls As BOJ Holds Stimulus Intact
BOJ Stands FirmJPY has come under heavy selling pressure today as the BOJ kept rates on hold at its latest monetary policy meeting overnight. Despite simmering speculation that the bank might be...
Supply shocks in European gas output prompted spike in gas futures prices
After numerous earthquakes that damaged thousands of homes, the Netherlands has decided to permanently close the largest gas field in Groningen in October of this year. This news has caused a 30%...
Silver Prices Struggling To Rally
Tough Time for SilverIt’s been a tricky time recently for silver traders. Following the heavy sell off seen across May, the market has since stabilised with price now sitting around 5% higher off the...
Gold Breaks Out of Key Bullish Channel as Fed Signals Policy Tightening Will Likely Continue
The two-week consolidation period of gold price around $1950 has ended with a breakdown below the lower bound of the main ascending channel:The risk is increasing that sellers will temporarily seize...
Copper Falls On Soft China Factory Data
Factory Output Falls The latest data out of China overnight has given more cause for concern over the health of the world’s second largest economy. Industrial production was seen rising just 3.5% last...
Bar Set High For The ECB Today
ECB Up NextFollowing on from the Fed yesterday, focus today turns to the ECB. In line with previous signalling and recent commentary, the bank is widely expected to press ahead with a further .25%...
Stocks Soften Following Hawkish Fed Guidance
Hawkish HoldStocks were seen rallying yesterday as the Fed paused its tightening campaign after 15 months of rate increases. The pause, which was well signalled, came with a decidedly hawkish set of...
Gold Lower Ahead of US Retail Sales
Gold Falls Following FedGold prices have turned lower on the back of the Fed meeting yesterday. Despite holding rates steady at this meeting, the meeting showed a clear hawkish skew with the updated...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.